Redistribution Of Notional Wealth
HAVANA, Wed. —The raising of the demand levels for goods in highlydeveloped countries called for equitable re-distribution of national wealth, said Mr G. H. Datson, of the New Zealand Ministry of Finance, at a meeting of the world trade conference’s committee on employment. He said that one of the tasks of returning delegates would be to explain that need in spite of the protests of privileged members of the community. Mr Coombs (Australia) told the committee that the chief responsibility for avoiding another world depression rested with the United States. He said the more-developed countries, particularly the United States, should take preliminary action to avoid growing unemployment. Mr Coombs warned the committee that United State economy was itself essentially unstable.
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Northern Advocate, 4 December 1947, Page 9
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124Redistribution Of Notional Wealth Northern Advocate, 4 December 1947, Page 9
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